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Author Topic: What happened with crypto?  (Read 942 times)
KingsDen
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November 21, 2022, 07:34:25 PM
 #41

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?Huh
When you were in the cryptocurrency industry before you took a break for 2years, did you ever read any principle that said that coins will continue to go up and up and will not come down ?
That is not even the law of motion, anything that goes up must surely come down. So if you are fully involved in crypto before you took break you should know that bitcoin exhibit a cyclical movement, it will go up and come down.
Bitcoin is not a stable coin and it is volitile.

R


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November 26, 2022, 10:34:02 AM
 #42

Don't you know about crypto market that it is highly volatile? You may be able to see a huge pump again and the highest ATH price also. Now we are in bear market that's why almost all cryptos are trading at a very cheap price. So it's the correct time to invest in cryptocurrency in my thoughts.

Also in my experience, it is right right to invest in crypto just like a top altcoins BTC, ETH, BNB etc. In future, they will give a good profit when market will be stable and its price will be pump. Also search for a good project to invest if you want. (DYOR)

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November 26, 2022, 11:23:22 AM
 #43

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?Huh

 -  It seems to me that the war between Russia and Ukraine has nothing to do with the fall of bitcoin mate. You probably know that the risk volatility of Bitcoin is too high, right? so you should not be surprised or surprised whatever the price of bitcoin is in the market today.

Then if you sold your bitcoin and you got some income from it, that's good on your part because at least you had a chance to get a profit from bitcoin.

It's good to buy bitcoin now in the market while it's low, then hold it long-term until 2024 comes to the bitcoin halves, which the community is expecting something good to happen in the possible bull run. Agree with long-time experts in this industry.

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shushu9977
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November 27, 2022, 08:17:13 AM
 #44

Actually, the price of btc and other cryptos are not predicted anyone, because it looks like to business. It is always changed and it will happen continuously. In my opinion, you know the crypto world goodly so you can invest low price coins such as shib inu, doge, tron, hbar, xlm etc. As I think that It will get good profit after three or four years later.

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November 27, 2022, 02:23:38 PM
 #45

I think that this is not thing to be wondering because ups and downs are related always with trading and investment and if you had previous experience then you should remember that in previous certain years bitcoin become down but as the time proceeded it come back to its high value. We all have firm believe that bitcoin will pump and even now its not so low to be buy easily.



 

 

 

 

 

 


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November 27, 2022, 03:30:50 PM
 #46

This is cyclical. These aren't 2020 prices actually these are more of 2019 prices when bitcoin almost went to rock bottom of that previous cycle. The same thing is happening right now with bitcoin in this cycle. Lucky for you that you sold at the right time and yes you are once again back in the market at the very right time if you wish to enter again. You might not find such low prices any time again, just compare this with 3-4k lows of the previous cycle.
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November 27, 2022, 05:56:10 PM
 #47

There's no need to be surprised at what's happening with cryptos, as this is a regular occurrence after the bitcoin price made a new ATH late last year. If you have seen what happened to the crypto market in the past few years, you will understand that the cycle is now repeating itself to rid the market of useless tokens and coins. You should be grateful that you sold all your bitcoins in the last year because now you can buy more bitcoins at a lower price and hold them until their price creates a new ATH again. No one knows what caused it and we can only speculate by looking at the situation that is happening out there.

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November 27, 2022, 06:35:15 PM
 #48

As usual, Bitcoin price tend to drop too much when in bear market and it would stay long until there's a halving that would trigger a bull run. There are few lucky people just like you who does earn a good profit during the bull market but there are quite unfortunate people too that didn't make enough profit during the bull run.

So now, we are in the bear market, it will be another long days of holding and accumulation phase. But if you are interested to get back in Bitcoin again, it isn't too late since now that you have a business I guess you are successful with it. Why don't you reinvest again and try to hold them for a long time?

You have an experience of this market already, I'm sure it won't be that hard to make profit in the future.

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November 27, 2022, 08:06:48 PM
 #49

As usual, Bitcoin price tend to drop too much when in bear market and it would stay long until there's a halving that would trigger a bull run. There are few lucky people just like you who does earn a good profit during the bull market but there are quite unfortunate people too that didn't make enough profit during the bull run.

So now, we are in the bear market, it will be another long days of holding and accumulation phase. But if you are interested to get back in Bitcoin again, it isn't too late since now that you have a business I guess you are successful with it. Why don't you reinvest again and try to hold them for a long time?

You have an experience of this market already, I'm sure it won't be that hard to make profit in the future.
The most experienced tend to believe that bitcoin is in an accumulation phase due to the -76% price drop since last year's ATH. They have always believed that bitcoin has the potential to become more valuable in the future where $100K is the ATH target. If they are currently ignoring bitcoin as an investment asset worthy of their consideration, then I'm not sure as to why.

I recommend bitcoin more often than altcoins which also lose value in this bear market as a long term investment. Bitcoin is still the best and they must realize that now is the time to buy a lot.

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November 27, 2022, 08:53:31 PM
 #50

What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?Huh

the case is the following:

1 - there was a war in ukraine that caused a world financial crisis, so bitcoin was also affected

2 - there was the case of Luna, you can research about it, it was another torment that caused the price to drop a lot

3 - now there was a very big and serious case of FTX that you can also research and you will understand everything

so these are the 3 points that made the price drop a lot, but the price will recover in the future, people have to be patient that it will recover

Actually, the price of btc and other cryptos are not predicted anyone, because it looks like to business. It is always changed and it will happen continuously. In my opinion, you know the crypto world goodly so you can invest low price coins such as shib inu, doge, tron, hbar, xlm etc. As I think that It will get good profit after three or four years later.

 Shocked

this is a big NO, man investing in these shitcoins is the same as offering money to some stranger and believing that this same stranger will bring the money back, this is a serious mistake, when the bitcoin market drops a lot the altcoin market it falls much more than bitcoin and when the bitcoin price recovers, the altcoin price only recovers against dollars but continues to fall a lot against bitcoin, not to mention that the owners of these shitcoins just create shitcoins to make money and disappear, abandoning shitcoin, the best investment and bitcoin, and safer and more profitable in the long run

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November 27, 2022, 10:09:28 PM
 #51

For a guy who came and registered here in 2013, I don't think such question is what you should be asking by now. Except you only registered and left almost immediately, otherwise your question should've been what your personal experience would've supplied you answer to. Well, I would say that what happened to crypto is price correction in general and nothing much to worry about. Those who're hodling utility tokens shouldn't be scared. Price will bounce back.

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November 27, 2022, 10:22:14 PM
 #52

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?Huh

You are once welcome back again.  You don't have to apologise for your fucking statement. If you said you left two years back then you were very much conversant with 2020 because it was the same year you sold your cons as you claim and you are asking the forum to tell you the price of Bitcoin as of then. I is unbelievable because you were not a real bitcoiner I you were core bitcoin invest you would have known that Bitcoin is not stable.

Well the war might also have impact on it but not really. Bitcoin is not a physical currency that war, state government or authority can easily destroy it. What really happened is that the bitcoin market is not stable so it goes up and down and now it has come down again









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November 27, 2022, 11:51:06 PM
 #53

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?Huh

You are once welcome back again.  You don't have to apologise for your fucking statement. If you said you left two years back then you were very much conversant with 2020 because it was the same year you sold your cons as you claim and you are asking the forum to tell you the price of Bitcoin as of then. I is unbelievable because you were not a real bitcoiner I you were core bitcoin invest you would have known that Bitcoin is not stable.

Well the war might also have impact on it but not really. Bitcoin is not a physical currency that war, state government or authority can easily destroy it. What really happened is that the bitcoin market is not stable so it goes up and down and now it has come down again
Everything is fucking fine. Cheesy

This is what you do call an unpredictable market which you might see some bull run on the time that you had make yourself get involved and when you do stop and came back and
seeing the same prices then it would really be just a typical thing and not something surprising.

Anything could happen.Prices could crash out and prices could pump or fly out but no one really knows on what would happen in future years ahead.
This is why risk acceptance and management do really need on this investment which make yourself fully aware.

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November 27, 2022, 11:59:59 PM
 #54

Nothing new has happened with crypto.  Just look at the historical charts, this is par for the course, just hang in there if you can until the next bull run, about 2- 3 years away.
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December 01, 2022, 11:08:52 AM
 #55

How many years have you been in the crypto space?
If you know the crypto market very well you might understand what's going on.

I suggest you visit those Cryptocurrency and Bitcoin news websites.  It'll give you up-to-date information regarding what's going on now but of course only those reliable sources.

You sold all your Bitcoin, I think it's time now to full your bag again.


I'm definitely going to use the little I have to buy Bitcoin right away. I believe it will surely pay off.
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December 03, 2022, 10:03:54 AM
 #56

I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?Huh
There are too many talks about what's going on, but in reality nothing major has happened so far. It has dropped after FTX as we all know, but since then it's just recovering small by small but that is expected and normal, we shouldn't really expect it to do anything shocking just yet.

The best thing to do would be making sure that people are focusing towards making money and I believe that the best way to do it would be getting in a position before it goes up and not many people realize that it will eventually go up and it will go up very fast, so waiting until it starts to go up will not work, it will be a bad idea and you should get in right now.

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December 03, 2022, 01:33:43 PM
 #57

From the previous era of the bitcoin's all-time high, we experience already a good profitable market and not all the time it happens currently we are sitting with a price of 16-20k and which is the same last the ATH of the market if this might happen again there's a chance we see the lower price of 3k if this break the 10k mark and having a right time of investment you can grab the opportunity again to make a position and hold for the long term, it is ideal if you make yourself updated in the current situation instead of getting late again.

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December 03, 2022, 03:35:30 PM
 #58

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?Huh
This year was full of stab wounds to the Crypto market and Bitcoin, as currencies collapsed, exchange platforms went bankrupt, and the war between Ukraine and Russia played a role in influencing the crypto market due to the deterioration of the global economy, which all led to a sharp drop in the prices of cryptocurrencies and destabilization of the market. Also, governments have tightened the screws on crypto dealers, and trading in bitcoin and cryptocurrencies has been banned in many countries, but the good thing about all of this is that the prices of the tokens are now at a great discount. You can buy back at this is the right time for that, but you have to manage the risks.

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December 11, 2022, 09:04:46 PM
 #59

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?Huh

 -  It seems to me that the war between Russia and Ukraine has nothing to do with the fall of bitcoin mate. You probably know that the risk volatility of Bitcoin is too high, right? so you should not be surprised or surprised whatever the price of bitcoin is in the market today.

Then if you sold your bitcoin and you got some income from it, that's good on your part because at least you had a chance to get a profit from bitcoin.

It's good to buy bitcoin now in the market while it's low, then hold it long-term until 2024 comes to the bitcoin halves, which the community is expecting something good to happen in the possible bull run. Agree with long-time experts in this industry.

Yes, I understand that at the level of market speculation it is because of these things, it could also be said that according to Wyckoff's theory, which is the one I use and I always base my analyzes on it, I realize that we may be in a period of accumulation Of course this is what I have seen based on my analyses, I couldn't say anything more, because the price was going up and suddenly it went back, and looking for a law, we can blame what it means everything in the fundamentals in the world, as they have said before, war drums and some of the facts that some countries want to show power, that is something that we must take into account when the speculative market is concerned.

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Hamphser
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December 11, 2022, 09:59:09 PM
Last edit: December 11, 2022, 10:12:12 PM by Hamphser
 #60

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?Huh
This year was full of stab wounds to the Crypto market and Bitcoin, as currencies collapsed, exchange platforms went bankrupt, and the war between Ukraine and Russia played a role in influencing the crypto market due to the deterioration of the global economy, which all led to a sharp drop in the prices of cryptocurrencies and destabilization of the market. Also, governments have tightened the screws on crypto dealers, and trading in bitcoin and cryptocurrencies has been banned in many countries, but the good thing about all of this is that the prices of the tokens are now at a great discount. You can buy back at this is the right time for that, but you have to manage the risks.
Or simply having these economic problems we do have in the market which is something that really affects this market even though its not assured that it is the sole reason but cant really deny that that it
is really something that do really have that kind of huge toll on how this market did able to react with these external events.Now we are really that on bearish market which the price do still able to held
up strong despite of being bombarded with lots of negative news lately in the market specially with that FTX and with those war and came from pandemic period.
All markets had indeed been affected which is really no exemption and as an investor then you should really know that it is one of the the risk where there's no assurance
that you would really be making out profits in future years to come.Its a matter of choice whether you could handle it out or not.

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